Andrew Wilson

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    The properties comprise 2,954 units across 11 communities in five states. A private investor purchased two of the Atlanta assets and a publicly traded REIT acquired the other nine properties.

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  • Year-Over-Year Origination Volume

    As indicated by the latest data available, origination volume was up 8 percent year over year in 2016, according to the Mortgage Bankers Association. Nearly 3,000 different lenders provided a total of $269.2 billion in new mortgages for apartment buildings with five or more units.

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    Cape Advisors, Strategic Real Estate and Forum Absolute Capital Partners scored financing from Eastern Consolidated's Capital Advisory Division for the development in Manhattan's Special Hudson Square Zoning District.

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